The Relative Strength (RS) Rating for Sun Communities moved up into a higher percentile Tuesday, as it got a lift from 68 to 74.
This proprietary rating tracks technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks typically have an RS Rating of at least 80 as they begin their largest price moves. See if Sun Communities can continue to show renewed price strength and clear that threshold.
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Sun Communities is trying to complete a consolidation with a 147.83 entry. See if the stock can break out in heavy trade.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -9% to 5%. Revenue rose from -4% to 3%.
The company holds the No. 71 rank among its peers in the Finance-Property REITs industry group. CareTrust REIT, Strawberry Fields REIT and Curbline Properties are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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